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2306 W 5th Ave
2306 W 5th Ave, Gary, IN 46404, USA

Apartment for rent
Monthly rent
$950–$1,300Based on a 12-month lease.
Beds2–3
Baths1
Sqft850–1,250
modified
5+ Days Ago

Highlights

  • refrigerator
  • stainless-steel appliances
  • washer and dryer on premises
  • newly renovated three-bedroom apartment

Units

2306 W 5th Ave Gary, IN

Available

4

2 Beds

1 Bath

$950

Listed on 08/15/2025
Listed by Michael Woods
Days on market: 23
2306 Apt 4 Stop, you need to look no further. We have a beautiful newly renovated three-bedroom, one bath apartment located within eight miles of Miller Beach. Need to get to Chicago, no problem, there are four options to access I-94, I-294 and I-90 toll road. The South Shore train will get you into downtown Chicago within 35 minutes. We offer a secure entrance, stainless-steel appliances stove, microwave range, new refrigerator. Heat and hot water included. Washer and dryer on the premises. The rent is $950 a month, plus a security deposit of $1250. You like peace and quiet, well this is the place for you. Requirements: Monthly gross income must be 3.0xs monthly rent, Proof of Income, References and Proof of Employment, Credit Report, Criminal Background Report, and Eviction Proceedings Report. Applications are online. Virtual Tours Only! Thanks for your interest in 2306!

Available

5

3 Beds

1 Bath

$1,300

Listed on 08/15/2025
Listed by Michael Woods
Days on market: 23
Stop, you need to look no further. We have a beautiful newly renovated three-bedroom, one bath apartment located within eight miles of Miller Beach. Need to get to Chicago, no problem, there are four options to access I-94, I-294 and I-90 toll road. The South Shore train will get you into downtown Chicago within 35 minutes. We offer a secure entrance, all new stainless-steel appliances stove, microwave range, refrigerator, new flooring and carpet. Washer and dryer on the premises. The rent is $1300 a month, plus a security deposit of $1300. You like peace and quiet, well this is the place for you. Requirements: Monthly gross income must be 3.0xs monthly rent, Proof of Income, References and Proof of Employment, Credit Report, Criminal Background Report, and Eviction Proceedings Report. Applications are online. Virtual Tours Only! Thanks for your interest in 2306!

Amenities for 2306 W 5th Ave

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Carpet
  • In-Unit Laundry
  • Assigned Parking

Policies at 2306 W 5th Ave

No pets allowed.

Parking

Assigned ParkingContact for Price
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About 2306 W 5th Ave

HomeApartments in GaryAmbridge - Horace Mann 2306 W 5th Ave #5, Gary, IN 46404, USA

Don't miss this fantastic opportunity to rent a newly renovated apartment at 2306 W 5th Ave in Gary, IN 46404, located in the Ambridge - Horace Mann neighborhood! This property consists of 2 units, offering 2-3 bedroom options with spacious floor plans ranging from 850 to 1250 square feet. Enjoy modern amenities such as stainless-steel appliances, including a refrigerator and stove, as well as a washer and dryer on premises. Take advantage of the convenience of heat and hot water included in the rent. The property's downtown Chicago location is an added bonus. With virtual tours available, you can explore this amazing property from the comfort of your own home.

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Address details

Units2
Units available2
Neighborhood
City
Zip code46404

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 2306 W 5th Ave, Gary, IN 46404, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Less expensive
Some rentals at this address are cheaper than similar listings nearby
More space
The 3-bedroom is 270 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 4 miles away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Gary

If you decide to upgrade your space, you can expect 2-bedrooms at 2306 W 5th Ave #5 to be 5% less than the average for similarly sized apartments in Ambridge - Horace Mann.

3-bedroom apartments at 2306 W 5th Ave #5 cost about 4% more than the average rent price for 3-bedroom apartments in Ambridge - Horace Mann.

Median rents as of Sep 6 2025.
Ambridge - Horace Mann
Gary
A table of 2-bedroom apartment rental data trends in Gary
MonthMedian Rent
September 2023$971
October 2023$962
November 2023$956
December 2023$965
January 2024$964
February 2024$950
March 2024$962
April 2024$995
May 2024$950
June 2024$960
July 2024$986
August 2024$992
September 2024$1,029
October 2024$1,056
November 2024$1,080
December 2024$1,031
January 2025$986
February 2025$973
March 2025$980
April 2025$988
May 2025$984
June 2025$984
July 2025$984
August 2025$1,017
September 2025$984
A table of 2-bedroom apartment rental data trends in Ambridge - Horace Mann
MonthMedian Rent
December 2023$1,016
January 2024$1,025
July 2024$1,000

Affordability calculator

Can I afford to live at 2306 W 5th Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.

Schools near 2306 W 5th Ave #5

Beveridge Elementary School

1234 cleveland st

gary, IN, 46404

K-5Public
D

Frankie Woods McCullough Academy

1110 w 21st ave

gary, IN, 46407

PK, K-5Public
D+

Daniel Hale Williams Elementary School

1320 e 19th ave

gary, IN, 46407

K-5Public
D+

Bethune Early Childhood Development Center

2367 e 21st ave

gary, IN, 46407

PK, KPublic
C

Glen Park Academy for Excellence in Learning

5002 madison st

gary, IN, 46408

K-5Public
D+
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Getting around Gary near 2306 W 5th Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 2306 W 5th Ave, Gary

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

0/10
Few or no bars within walking distance

Explore the area around 2306 W 5th Ave

Taft Foods
931 Taft St
K & M Food Mart
2236 W 11th Ave
Westside Food
2287 W 15th Ave
20 X20 Food Mart Inc
4600 W 5th Ave
More For Less
1033 Broadway

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